Costco is a terrific company. Target, which is part of Dayton Hudson, is a very tough competitor to Wal-Mart. I don't think this is a Wal-Mart phenomenon.
More Quotes from Michael Exstein:
I think that retailers have always been somewhat responsible for what they sell. Many of them have spent a lot of time and effort on quality control. I think litigation is a fact of life for retailers. What you're seeing here is that retailers are being held responsible for more and more.Michael Exstein
I think you have a satiated consumer, you've got a consumer that's facing an increasing debt load and I think there wasn't a lot interesting short of the scooters this Christmas season.
Michael Exstein
You've had a series of announcements over the last several weeks indicating a softness in retail. You've had other indicators, which I think really tells you you're up against really difficult comparisons with year-ago figures. Something's gone wrong with the apparel business in this country.
Michael Exstein
Basically, if you promoted heavily during the Thanksgiving weekend, you did well. If you're willing to be aggressive on price and promotion, you can attract traffic into the stores.
Michael Exstein
An earlier Easter gives retailers the opportunity to push spring merchandise earlier. Retailers will have to wait more patiently this year until mid-April for its coveted Easter sales.
Michael Exstein
The good news is in all honesty, everybody has brought down their expectations for the season.
Michael Exstein
Readers Who Like This Quotation Also Like:
Based on Keywords: costcoOr region has suffered more than its share of wars.
Saud al-Faisal
I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed.
Michael Jordan
Military intelligence is a contradiction in terms.
Groucho Marx